China
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The People's Bank of China injected 3.48 billion yuan using an overnight reverse repo in mid-month for the first time.
The People's Bank of China injected a net 3.48 billion yuan in liquidity to meet the high demand for funds during the mid-month tax payment period, and is preparing to conduct another 1 trillion yuan outright reverse repo. -
China is rapidly gaining dominance in the global chip market; "YMTC" has overtaken Micron and Kioxia to become the third-largest player in the NAND chip market.
YMTC, a Chinese chip manufacturer, has risen to third place in the global NAND market in terms of shipments, with a 14% share, surpassing Micron and Kioxia. Meanwhile, Counterpoint's market share is expected to increase. -
A clandestine market for Chinese political information has emerged, capitalizing on Xi Jinping's crackdown on corruption.
A clandestine market for trading information on Chinese officials who may be under investigation is booming following Xi Jinping's expanded anti-corruption campaign, which saw nearly 1 million people investigated in a single year. -
China has appointed Deutsche Bank as the first foreign bank to clear yuan transactions in Europe, pushing the yuan onto the global stage.
China has appointed Deutsche Bank AG as the first foreign bank authorized to handle clearing and settlement of yuan transactions in Europe. This marks another significant step for China in expanding its network for using the yuan overseas. -
Chinese humanoid robot manufacturers account for 97% of global shipments, far ahead of their US competitors.
China has become the leading market for humanoid robots, accounting for over 97% of global shipments in the first half of 2026, while global shipments more than tripled to 19,100 units. -
Typhoon Dolphin slams into China, forcing the evacuation of over 1 million people; Shanghai experiences the heaviest rainfall in 150 years.
China evacuated over 1 million people in preparation for Typhoon Dolphin. Shanghai experienced the highest 24-hour rainfall in 150 years, and over 1,300 flights were canceled. -
China is tightening controls on "borrowing money to trade stocks" after margin accounts surged to 60%, fearing that high leverage will exacerbate market volatility.
Chinese brokers have stepped up scrutiny of investors seeking margin trading and derivatives trading after more than 9.6 new margin accounts were opened in the first half of the year, a 60% increase. -
China is stimulating its $28 trillion capital market, raising funds to fuel the AI battle and close the gap with the United States.
China is drawing on its $28 trillion stock and bond markets to fund its tech and AI industries, reducing its reliance on government subsidies, after Chinese tech companies raised $2.17 billion. -
The People's Bank of China purchased another 20 tons of gold for its reserves, accumulating gold holdings for the second consecutive month.
The People's Bank of China purchased another 20 tons of gold for its reserves, continuing its accumulation for 21 months, even as prices remained above $4,000. Meanwhile, central banks worldwide continue to increase their gold reserves. -
China is accelerating the relocation of its gold reserves from London to Hong Kong, aiming to make it a global gold trading hub.
The People's Bank of China continued its gold accumulation for the 20th consecutive month, increasing its holdings in Hong Kong and gradually transferring some reserves from London, supporting its new gold settlement system.
